The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21.20 - Manufacture of pharmaceutical preparations
122 jobs Number of planned job losses
Announcement Date
17 October 2015
Employment effect (start)
2 November 2015
Foreseen end date
Description
The US pharmaceutical group Bristol-Myers Squibb (BMS) announced that 122 workers will be made redundant in the headquarter of its subsidiary UPSA, at Rueil-Malmaison. The job cuts will mainly affect its administrative, support and commercial workforce. The BMS group previously cut 235 positions in 2013 (see previous factsheet).
Sources
17 October 2015: La dépêche du midi
22 October 2015: Le Petit Bleu
Citation
Eurofound (2015), UPSA, Internal restructuring in France, factsheet number 85149, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85149.
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